Author Archives: the HedgeCo News Team
Two Banks launch Hedge Funds
HedgeCo.Net (New York) – Erste Bank AG, Austria’s Vienna-based lender, has set up a new hedge fund with $30 million of Erste’s own capital on October 1. The Maximum Emerging Alpha Fund will invest40% of its capital in Central and […]
Former top U.S. Treasury officials join hedge funds
Reuters – Two former U.S. Treasury Secretaries on Thursday joined two prominent hedge fund groups, bringing their star power and global connections to one of the finance industry’s fastest-growingsegments. Lawrence Summers, who served in the Clinton administration and this year […]
Lawyers Circle After Failure Of Hedge Fund
New York Sun – A California public employees’ pension fund that lost more than $100 million in the collapse of a major hedge fund, Amaranth Advisors LLC, announced yesterday that it has retainedlegal counsel to consider bringing a lawsuit over […]
Administration industry must prove its quality
HedgeWeek – The Latin American alternative investment funds segment continues to prosper. The universe of onshore and offshore funds concentrated on Latin America strategies has definitemomentum. The continued appetite by institutional and private investors to invest in the region can […]
Closing in on Hedge Funds
New York Times – At first glance, the market-beating returns of hedge funds are impressive. But on closer inspection, things look less showy. Performance measures are based on voluntary reporting by hedge funds and thus tend to reflect outperformers rather […]
Dow rally leaves hedge funds trailing
Financial Times – The Dow Jones Industrial Average was hovering above 12,000 again on Thursday, while debate continued to rage over whether the ageing index had any remaining relevance for today’s markets. But the Dow’s rapid ascent is a symptom […]
Merrill Lynch: The Emergence of Passive Hedge Funds
MSN MoneyCentral – Rules-based passive hedge fund strategies could provide an increasingly attractive alternative to active hedge fund management as the industry continues to mature according toMerrill Lynch (MER) analysts. They expect strategies will increasingly emerge that aim to replicate […]
French regulator acts over Alcatel bond issue
Tocqueville Connection – The French stock market regulator AMF told AFP Wednesday it was taking action against the German bank Deutsche Bank and several British investment funds over a 2002 bond issue by the French telecommunications group Alcatel. “The AMF […]
Jupiter boss calls for more hedge fund regulation
Reuters – One of the joint chief executives of Jupiter Asset Management said hedge funds should be more tightly regulated in the wake of big losses suffered by some high-profile funds. Earlier this month U.S.-based Amaranth Advisors said it had […]
Kelso raises 100 million pounds in private equity fund
Reuters – Kelso Place Asset Management said on Tuesday it had closed its third fund, having received total commitments of 100 million pounds. The Kelso Place UK Special Situations Fund aims to make a small number of investments to UK-based […]
Jabre Shouldn’t Be Back in Hedge-Fund Industry
Bloomberg – Is the hedge-fund industry serious about self-regulation? Does it care in the least about its image? Or does it just want to stuff as much money as possible into the big bag marked swagbefore the whole party gets […]
Priority offers hedge fund with NIS 200,000 entry level
Globes – AL Priority Investments Ltd. has set an extraordinarily low minimum investment in its hedge fund portfolios. Priority Investments offers investment in hedge funds for customers withportfolios of over NIS 1 million. It recommends that hedge funds comprise 20-40% […]